IAG chief government Luis Gallego mentioned the group’s capability was now near pre-pandemic ranges in most of its essential markets.
Whole revenues on the group rose to €29.4bn (£25bn), up from €23bn in 2022.
Demand for flights continues to be “strong”, IAG mentioned, particularly for leisure journey. The group mentioned its flights had been 92% booked for the primary three months of 2024 and 62% booked for the primary half of the yr, which is a stronger place than it was a yr earlier.
Nonetheless, IAG mentioned dangers remained, together with the impression of upper inflation and rates of interest, larger prices and the potential impression of ongoing conflicts in numerous areas.
In a name with reporters, Mr Gallego mentioned the airline group had seen little impression from the sluggishness within the UK financial system, with shopper demand persevering with “to be very robust, notably in leisure”.
There was no touch upon whether or not air fares would rise this yr, with the IAG boss saying they might be “decided by the market”.
IAG mentioned it will be investing in 178 new plane between 2023 and 2028, which might be “20% extra fuel-efficient than the earlier era and considerably quieter”.
